New import taxes imposed or potentially in the offing from the Trump administration could raise the average effective tariff rate on goods coming into the U.S. from the current 2.2% to around 17%, while posing "widespread disruptions" focused on manufacturing industries in Midwestern and Southern states,

In the past, Trump suggested a 10% tax on all imports. However, he has also talked about increasing tariffs to 20% or even 60% on goods from China.

Shares of Trump Media & Technology Group (TMTG) nosedived on Wednesday after a regulatory filing revealed plans for a large stock sale, including the potential sale of US President Donald Trump’s $2.3 billion stake.

President Trump has set a deadline of Wednesday to announce sweeping tariffs

President Donald Trump commuted the sentence of Jason Galanis, a convicted ex-business associate of Hunter Biden, whom Trump officials described as the “fall guy" for the former first son’s business dealings.

The U.S. administration's tariff hikes should not derail an ongoing decline in inflation in Europe, ECB policymaker Francois Villeroy de Galhau said on Wednesday, adding that the fall boosted the case for a fresh interest rate cut.

ET – Treasury yields give away gains and fall in late trade following Trump’s tariff announcements. Stock futures and dollar indexes also decline. The President Trump says the U.S. will impose a 10% across-the-board tariff on all imports,

Tesla sales dropped by 13%, falling to their lowest levels since 2022. The first quarter reports come as Tesla CEO Elon Musk faces backlash for his involvement in the Trump administration.

Commerce Secretary Howard Lutnick, like trade adviser Peter Navarro, is vocal cheerleader for President Donald Trump's tariff proposals. And Lutnick has a strong rapport with the president. But according to Politico's Dasha Burns,